U.S. stocks end mostly higher as crude oil slides 3%

Stocks struggle to hang onto gains, with financial shares weighed down with concerns over Lehman Brothers offsetting relief over oil prices, which are backing off from record highs. See full story.

Apple debuts new 3G iPhone in push for mainstream

Looking to capitalize on the momentum it has so far generated with the iPhone, Apple unveils a new 3G version of the device that runs on faster networks. See full story.

The Fed: N.Y. Fed's Geithner backs moves easing the credit crunch

The Federal Reserve should have more options to relieve a liquidity squeeze, the head of the New York Fed says, offering support for the central bank's recently criticized moves to shore up the financial system. See full story.

Futures Movers: Crude futures close 3% below recent record levels

Energy prices pull back in the wake of crude oil's benchmark contract making its unprecedented surge of nearly $11 a barrel in the previous session. See full story.

Lehman Brothers to raise $6 billion in capital; shares plunge

Lehman Brothers says it will report a quarterly loss for the first time since going public and sets plans to raise $6 billion in capital. Shares of the Wall Street investment bank come under heavy selling pressure. See full story.

Jon Friedman's Media Web: Bill Clinton's media meltdown

Global Investor: With food in short supply, these foreign firms may be a cash crop

A sharp spike in the cost of raw materials for food -- with higher prices for rice, wheat, soybeans and corn -- has led to export restrictions and food riots in some countries. It has also stirred up demand for related stocks, which can be found as far afield as the Ural Mountains. See full story.

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